Refer to Exercise 7.42. Compute the mean, variance, and standard deviation of the population. In exercise 7.42

Question:

Refer to Exercise 7.42. Compute the mean, variance, and standard deviation of the population.

In exercise 7.42

An expensive restaurant conducted an analysis of the number of people at tables from which the probability distribution was developed.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...